๐Ÿฆ Where's My Bank

Independent Bank

FDIC #27811 ๐Ÿ“ Grand Rapids, Michigan

Independent Bank is a commercial bank, state charter and fed member, supervised by the federal reserve (frb). established in 01/01/1890. With assets of $5.20 Billion, it operates 59 domestic branches.

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4.5
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2 Reviews
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Customer Reviews

4.5 โ˜…

Based on 2 ratings

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โ˜…โ˜…โ˜…โ˜…โ˜† Robert D
December 26, 2021

[-] Debit checking account was hacked 22 times starting on [-] 23rd right into Christmas day by [-] same name (GOOGLE *EpicAct GOOGLE *EpicActi Mountain View CAUS) I cannot report this of course until Monday when [-] branch (essexville) opens. It literally whipped out [-] account. This is [-] 3rd time this has happened over [-] years and always on Holidays. Why can't Independent Bank allow internet members/users to put a temporary stop or hold on all transaction from their own PC's when they themselves see this theft happening in their accounts? I have a cunsumers [-] due on [-] 27th and a boat payment to Independent on [-] 28th. Now what? If allowed, I could have stopped all transactions on [-] 23rd when I seen it happeneing.

โ˜…โ˜…โ˜…โ˜…โ˜… Tina B
August 20, 2021

Awful !!!

Community Reinvestment Act (CRA) Rating
Latest Exam: October 30, 2023
Satisfactory
What is CRA? The Community Reinvestment Act (CRA) is a federal law that encourages banks to help meet the credit needs of the communities in which they operate, including low- and moderate-income neighborhoods.

Rating History

October 30, 2023
Satisfactory
March 29, 2021
Satisfactory
August 6, 2018
Satisfactory
June 13, 2016
Satisfactory
September 17, 2012
Satisfactory
September 13, 2010
Satisfactory
September 8, 2008
Satisfactory
September 1, 2005
Satisfactory
October 1, 2002
Satisfactory
๐Ÿ’ฐ Financial Strength
Total Assets$5.20 Billion
Total Deposits$4.65 Billion
Equity Capital$401.42 Million
Net Income$48.55 Million
๐Ÿ“ˆ Performance
ROA1.27%
ROE16.56%
Financial Terms:
ROA (Return on Assets): Measures profitability relative to size. 1.0%+ is good.
ROE (Return on Equity): Measures profitability for shareholders. 10%+ is strong.
๐Ÿ“ž Contact & Location
Address4200 E Beltline Ave Ne
Grand Rapids, Michigan 49525
๐Ÿ“‹ Corporate Structure
Established01/01/1890
FDIC Cert27811
Holding CoIndependent Bank Corp
Parent CertNA - Not listed as a child of a larger bank.
Last ChangeOctober 24, 2022
Foreign Offices0
SAIF InsuredNo
State CharteredYes
๐Ÿ•ฐ๏ธ Lobby Hours
Monday9:00 AM - 5:00 PM
Tuesday9:00 AM - 5:00 PM
Wednesday9:00 AM - 5:00 PM
Thursday9:00 AM - 5:00 PM
Friday9:00 AM - 5:30 PM
Saturday9:00 AM - 12:00 PM
SundayClosed

๐Ÿ“œ Institutional History

2018
Merger / Acquisition
Acquired: Traverse City State Bank
2017
Relocation
Moved HQ to: 4200 E. Beltline Avenue Ne, Grand Rapids, MI 49525.
2010
Relocation
Moved HQ to: 230 West Main Street, Ionia, MI 48846.
2007
Merger / Acquisition
Acquired: Independent Bank-west Michigan
2007
Merger / Acquisition
Acquired: Independent Bank East Michigan
2007
Merger / Acquisition
Acquired: Independent Bank - South Michigan
2004
Merger / Acquisition
Acquired: First National Bank Of Gaylord
2004
Name Change
Name became: Changed Institution Name To Independent Bank.
2001
Merger / Acquisition
Acquired: Independent Bank
1999
Name Change
Name became: Changed Institution Name To Independent Bank Msb.
1999
Name Change
Name became: Changed Institution Name To Mutual Savings Bank, F.s.b..
1991
Name Change
Name became: Changed Institution Name To Mutual Savings Bank, F.s.b.
1990
Name Change
Name became: Changed Institution Name To Mutual Savings Bank, F.s.b..
1990
Merger / Acquisition
Acquired: Peoples Savings And Loan Association Of Battle Creek
1986
Name Change
Name became: Changed Institution Name To Mutual Savings And Loan Association, Fa.

๐Ÿ“ Branch Locations (59)

Auburn Branch
1004 W Midland Rd
Auburn, Michigan 48611
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Northgate Branch
655 N Port Crescent St
Bad Axe, Michigan 48413
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Bay City Branch
623 Washington Ave
Bay City, Michigan 48708
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Bay City Euclid Branch
745 N Euclid Ave
Bay City, Michigan 48706
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Belding Branch
130 S Bridge St
Belding, Michigan 48809
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Bellevue Branch
111 East Capital Avenue
Bellevue, Michigan 49021
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Beverly Hills Branch
32800 Southfield Rd
Beverly Hills, Michigan 48025
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Big Rapids Branch
404 Perry Ave
Big Rapids, Michigan 49307
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Brighton Branch
8700 N 2nd St
Brighton, Michigan 48116
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Caro Branch
1111 W Caro Rd
Caro, Michigan 48723
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Carson City Branch
323 W Main St
Carson City, Michigan 48811
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Caseville Branch
6727 Main St
Caseville, Michigan 48725
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